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Australian (ASX) Gold Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies151
  • 7D-1.3%
  • 3M24.5%
  • 1Y111.8%
  • YTDn/a

The Gold industry is up 4.6% in the last week, with Capricorn Metals up 6.4%. In the last 12 months, the industry was up 121%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026AU$188.6bAU$31.1bAU$6.3b26.6x30.1x6.1x
Sat, 31 Jan 2026AU$183.9bAU$26.3bAU$4.5b30.9x40.4x7x
Mon, 29 Dec 2025AU$167.5bAU$26.4bAU$4.6b28.4x36.6x6.3x
Wed, 26 Nov 2025AU$144.8bAU$25.6bAU$4.3b25.3x34.1x5.6x
Fri, 24 Oct 2025AU$140.7bAU$26.4bAU$4.6b24.4x30.7x5.3x
Sun, 21 Sep 2025AU$126.8bAU$26.9bAU$4.8b17.9x26.3x4.7x
Tue, 19 Aug 2025AU$105.8bAU$22.8bAU$3.4b18.5x30.8x4.6x
Thu, 17 Jul 2025AU$98.9bAU$22.2bAU$3.1b17.2x31.9x4.5x
Sat, 14 Jun 2025AU$111.9bAU$22.3bAU$3.1b21.2x36.2x5x
Mon, 12 May 2025AU$102.9bAU$22.1bAU$3.0b18x34.1x4.6x
Wed, 09 Apr 2025AU$85.4bAU$22.3bAU$3.1b17.6x27.9x3.8x
Fri, 07 Mar 2025AU$79.2bAU$22.0bAU$3.0b19.2x26.4x3.6x
Sun, 02 Feb 2025AU$79.6bAU$18.7bAU$1.8b21.3x43.6x4.3x
Tue, 31 Dec 2024AU$70.3bAU$18.6bAU$1.8b21.1x38.1x3.8x
Thu, 28 Nov 2024AU$72.8bAU$18.6bAU$1.8b19.8x40.3x3.9x
Sat, 26 Oct 2024AU$79.6bAU$18.4bAU$1.8b23.9x44.3x4.3x
Mon, 23 Sep 2024AU$68.2bAU$18.3bAU$1.8b20.4x38x3.7x
Wed, 21 Aug 2024AU$64.1bAU$16.8bAU$1.4b21.8x47.3x3.8x
Fri, 19 Jul 2024AU$62.5bAU$16.0bAU$1.1b24.2x58.3x3.9x
Sun, 16 Jun 2024AU$55.8bAU$16.9bAU$1.2b20.4x47.2x3.3x
Tue, 14 May 2024AU$58.6bAU$17.1bAU$1.2b21.7x49.3x3.4x
Thu, 11 Apr 2024AU$58.9bAU$17.1bAU$1.2b22.5x49.6x3.4x
Sat, 09 Mar 2024AU$54.1bAU$16.6bAU$1.2b19.5x44.5x3.3x
Mon, 05 Feb 2024AU$73.9bAU$22.9bAU$1.3b20.5x55x3.2x
Wed, 03 Jan 2024AU$76.6bAU$22.9bAU$1.3b25.6x57x3.3x
Fri, 01 Dec 2023AU$75.4bAU$22.9bAU$1.4b24.7x55.8x3.3x
Sun, 29 Oct 2023AU$101.3bAU$40.5bAU$45.9m23x2204.5x2.5x
Tue, 26 Sep 2023AU$69.6bAU$22.9bAU$1.3b20.5x55.6x3x
Thu, 24 Aug 2023AU$66.7bAU$22.4bAU$441.9m14.8x150.9x3x
Sat, 22 Jul 2023AU$70.7bAU$22.2bAU$534.2m18.2x132.4x3.2x
Mon, 19 Jun 2023AU$70.4bAU$22.1bAU$540.7m17.4x130.2x3.2x
Wed, 17 May 2023AU$75.2bAU$22.3bAU$575.8m19.2x130.7x3.4x
Fri, 14 Apr 2023AU$77.5bAU$22.2bAU$559.9m18.1x138.4x3.5x
Sun, 12 Mar 2023AU$61.3bAU$22.5bAU$700.9m18.3x87.5x2.7x
Price to Earnings Ratio

87.5x


Total Market Cap: AU$61.3bTotal Earnings: AU$700.9mTotal Revenue: AU$22.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 60.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 31.2x which is lower than its 3-year average PE of 61.0x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 110% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market-2.74%
Materials-2.73%
Metals and Mining-2.43%
Gold-1.31%
Aluminum0.93%
Precious Metals and Minerals-0.97%
Diversified Metals and Mining-1.58%
Silver-6.80%
Copper-7.60%
Steel-8.05%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
OBM Ora Banda MiningAU$1.4215.0%
+AU$357.2m		44.9%PE11.8x
CMM Capricorn MetalsAU$14.241.7%
+AU$109.6m		77.8%PE28x
RSG Resolute MiningAU$1.532.7%
+AU$85.5m		260.0%PE21x
WIA WIA GoldAU$0.5810.4%
+AU$81.2m		244.1%PB12.3x
PDI Predictive DiscoveryAU$0.983.2%
+AU$79.1m		180.0%PB12.1x

Latest News

GGP
AU$13.11
Greatland Resources
7D
-2.8%
1Y
n/a
WGX
AU$7.22
Westgold Resources
7D
-5.4%
1Y
185.4%
VAU
AU$5.48
Vault Minerals
7D
-5.5%
1Y
103.2%
RSG
AU$1.53
Resolute Mining
7D
2.7%
1Y
260.0%
NST
AU$29.36
Northern Star Resources
7D
-0.9%
1Y
66.7%
OBM
AU$1.42
Ora Banda Mining
7D
15.0%
1Y
44.9%
EMR
AU$6.60
Emerald Resources
7D
-4.9%
1Y
64.6%
WAF
AU$3.32
West African Resources
7D
-5.9%
1Y
57.3%
CMM
AU$14.24
Capricorn Metals
7D
1.7%
1Y
77.8%
EVN
AU$15.73
Evolution Mining
7D
-4.1%
1Y
142.0%
KCN
AU$7.00
Kingsgate Consolidated
7D
2.8%
1Y
410.9%
RMS
AU$4.45
Ramelius Resources
7D
-3.3%
1Y
61.2%
GMD
AU$7.25
Genesis Minerals
7D
0.6%
1Y
122.4%
WIA
AU$0.58
WIA Gold
7D
10.4%
1Y
244.1%
AUC
AU$1.22
Ausgold
7D
9.5%
1Y
150.5%
PDI
AU$0.98
Predictive Discovery
7D
3.2%
1Y
180.0%